If you love numbers and feel at home surrounded by them, you most probably have it in you to opt for a career in Finance and Accounting.
Naina Lal Kidwai, former country head of HSBC, India, is one such professional who studied at Harvard Business School and sparkled in her chosen career path in Finance. As a financial accountant, your work will involve preparing financial and tax documents.
What Jobs You Can Do By Learning Finance and Accounting?
After training in Finance and Accounting, you can choose to work in:
- Public Accounting Jobs - Real Estate Appraiser, Tax Accountant, Tax Preparer, Cost Estimator,
- Private Accounting Jobs
- Chartered Accountant, Budget Analyst, Actuarial/Insurance Accountant, Capital
- Accountant, Capital Accountant, Cost Accountant
- Financial Services
- Financial Analyst, Tax Consultant, Financial Planner, Business Valuation Specialist
Many colleges will provide you education in Finance and accounting, but it's always better to pursue your education in the best college. So, here are 5 best college to learn Finance and accounting:
Harvard University, USA
From learning the nitty-gritty of a balance sheet, income statement, and cash flow statement to assessing the financial soundness of a business and making economic forecasts, you'll learn it all really well.
There is no application fee, but an applicant must be 18 years of age and be proficient in English. Admissions are on a rolling basis, and you can expect a revert within a week.
Massachusetts Institute of Technology, USA
The MIT Sloan undergraduate program in Finance and Accounting aims to prepare students in various financial aspects like managerial Finance, Corporate Finance, algorithmic trading, and emerging financial technologies.
Only the brightest students get accepted at MIT. Admissions are made through the Admissions Office at MIT, although the program is at MIT Sloan.
Financial aid in the form of fellowships, Teaching Assistantships, scholarships, etc., is available, but you will still need to pay the difference between your aid and fees.
Stanford University, USA
Stanford University is a reputed research institution dedicated to finding solutions to insurmountable challenges. Its Financial Accounting program aims to train students to become well-informed users of financial statement information.
So besides learning accounting rules and terminology and applying them in financial statements, students will also learn to judge and be cautious in choosing accounting methods, making estimates, and divulging information.
The University has a high acceptance rate, so getting in isn't easy. Your grades, as well as your test scores, must be excellent. Scholarships fund a student's education at Stanford, and all financial aid is need-based.
London School of Economics, UK
This prestigious institution offers teaching and research in social, political, and economic sciences. Applicants must be at least 18 years of age, qualify in LSE's general entrance requirements, validate competency in mathematics and meet their proficiency requirement in English.
Being a prestigious and highly selective university, getting accepted at LSE is tough. While excellent grades are a must, LSE uses a broad range of criteria while screening applicants.
LSE awards £4 million in scholarships and grants as financial support to undergraduate students annually.
The University of California, Berkeley, USA
You will study Finance and Accounting at Berkeley HAAS, the business school of UC Berkeley. The Accounting program at Berkeley ensures that students gain ample knowledge and technical skills to become proficient in their accounting careers.
Considering that it is one of the top business schools, the acceptance rate is challenging. A GPA score of 3.85 (unweighted) or 4.39 (weighted) and an SAT score of over 1500 or an ACT score of 33 will help you sail through.
Financial aid in Accounting at Berkeley includes a range of scholarships.